Assume you keep 70% of your commission. To make $100000 you need to gross 142k in commissions. If you average 3% commission, you would need to have 4.76m in total sales volume. If your markets average home is 200k, you need to sell 24 homes.
To initially earn your real estate license in California, you must: Be at least 18 years old and provide proof of citizenship. Be honest and truthful. Complete 135 hours of real estate education. Pass the California Salesperson licensing exam. Complete a background check.
San Jose, CA housing is 225% more expensive than the U.S average, while utilities are about 37% pricier. When it comes to basic necessities such as food and clothing, groceries are around 14% pricier in San Jose, CA than in the rest of the country, while clothing costs around 10% more .
Most Visited Real Estate Websites in the United States, Updated November 2024 PositionWebsitePages / Visit 1 zillow 5.66 2 craigslist 11.63 3 realtor 3.49 4 redfin 3.7316 more rows •
Anyone looking to own a home in San Jose will need to earn an income of $454,296 to comfortably afford a mortgage, ing to a new Zillow analysis.